Texans in Congress take bipartisan path to boost semiconductors, a crucial industry to the state

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Republicans like Sen. Ted Cruz and Democrats like Rep. Colin Allred — opponents in the 2024 election — propose streamlining environmental reviews to promote investment and expansion by chipmakers.

of Fort Worth. Both are defense hawks who have repeatedly warned about growing technological competition with China.

Members of both parties have criticized NEPA’s environmental reviews, which can take months or years, for holding up critical infrastructure, with many Republicans criticizing the hurdles as stifling bureaucracy that chokes off new oil and gas projects. But environmentalists are uncomfortable watering down NEPA reviews. Nearly 80 Democrats in the U.S. Houseto oppose permitting reform that would have shortened NEPA review periods.

in the state. Texas Instruments announced a new $30 billion fabrication plant in Sherman, and Samsung plans to build a $17 billion plant in Taylor.

 

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Texans in Congress take bipartisan path to boost semiconductors, a crucial industry to the stateA new measure led by a bipartisan group of Texans in Congress is seeking to streamline environmental review requirements for new investments in the state’s semiconductor industry, a move that industry backers say would drastically increase competitiveness.
Source: TexasTribune - 🏆 441. / 53 Read more »